It’s getting sweeter when you look at the South—and at one college in specific.
The rising cost of student debt has given birth to an odd phenomenon: a population of ostensibly generous older men who appear poised to solve the higher-education crisis, one student at a time in recent years. When a subculture that is relatively underground this benevolent band of men is coming into the rescue nationwide, really volunteering to subsidize the students’ tuition costs. But that description could possibly be, shall we state, sugarcoating it.
Yes, these guys are ponying up their more—for that is money—plus financially pupils. Nonetheless, it is maybe not free cash, plus it’s not totally all pupils. These benefactors typically expect some compensation from their beneficiaries—students who generally tend to be women willing to accept the help from the men in exchange for providing some tender loving care in other words. And, at the very least, flaunting their looks that are good.
“Sugar daddies”—the official moniker provided to those wealthy men—and the microcosm they occupy aren’t anything brand brand new, but they’ve be a little more mainstream in current years. That they’ve emerged as a noteworthy team during America’s student-debt crisis is indicative of these growing prevalence—as well as that of “sugar infants, ” the ones entrenched for the reason that crisis. (more…)